Planting Bitcoin Part Four: Gardening

Satoshi took steps to signal to the Cypherpunks, and future members, that Bitcoin wasn't a scam.

Satoshi showed a great level of restraint and took a long-term perspective on issues, as when Satoshi resisted the calls for bitcoin to market itself as a funding mechanism for Wikileaks after PayPal famously froze its account.

Satoshi recognized the need to carefully cultivate Bitcoin.

Satoshi built Bitcoin for the believers in a new financial system, the HODLers, the revolutionaries.

Satoshi needed to bootstrap the network with an incentive mechanism - the block reward which controlled currency supply of Bitcoin and created an incentive for people to participate in the network.

Satoshi had encoded in Bitcoin DNA a mechanism to incentivize the participants, through the shared belief in Bitcoin manifested via HODLing.

"Unlike Bitcoin, nobody needs to explain why gold is valuable. Gold is simple. Bitcoin is complicated. So in the long run, the argument goes, Bitcoin can never replace gold It's true that the stories we tell matter, but those stories can change. Stories don't win over everything. Eventually, raw utility supplants tradition. Bitcoin is a serious improvement over gold and starts to displace its role, the market will respond and re-price accordingly To the digital native of the future, Bitcoin wallets will probably seem more natural than vaults full of useless metals painstakingly drilled out of the earth." - Haseeb Qureshi.

"Bitcoin is digital gold in the eyes of [HODLers]. To some extent this group already operates on a Bitcoin Standard: investments are evaluated on their ability to yield a return in Bitcoin." Tuur Demeester.

Satoshi architected the perfect genetic code necessary to a new species of money, Bitcoin.

Many digital cash systems came and went over the years before Bitcoin and after Bitcoin.